Lem's Big Box O' Stuff.

free & uncensored discussion arena for TheRumpledOne

Moderator: moderators

User avatar
LeMercenaire
rank: 1000+ posts
rank: 1000+ posts
Posts: 3184
Joined: Tue Sep 27, 2016 12:11 am
Reputation: 2303
Gender: None specified

Re: Lem's Big Box O' Stuff.

Postby LeMercenaire » Thu Jul 25, 2019 8:59 pm

Possible short set-up on the USDCHF (H4 chart trigger). I should say that I don't particularly like trading the Swissie. Still, just sayin'.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
LeMercenaire
rank: 1000+ posts
rank: 1000+ posts
Posts: 3184
Joined: Tue Sep 27, 2016 12:11 am
Reputation: 2303
Gender: None specified

Re: Lem's Big Box O' Stuff.

Postby LeMercenaire » Thu Jul 25, 2019 9:01 pm

LeMercenaire wrote:Possible short set-up on the USDCHF (H4 chart trigger). I should say that I don't particularly like trading the Swissie. Still, just sayin'.


UJ has a similar profile, though perhaps not as likely to go as far, should it go at all.

1qaz2wsx33
rank: <50 posts
rank: <50 posts
Posts: 18
Joined: Sun Jul 23, 2017 6:00 am
Reputation: 7
Gender: None specified

Re: Lem's Big Box O' Stuff.

Postby 1qaz2wsx33 » Fri Jul 26, 2019 2:08 am

LeMercenaire wrote:Possible short set-up on the USDCHF (H4 chart trigger). I should say that I don't particularly like trading the Swissie. Still, just sayin'.


One common rule I have come across that a lot of experienced traders share is never trade the Swissy!! :lol:

User avatar
LeMercenaire
rank: 1000+ posts
rank: 1000+ posts
Posts: 3184
Joined: Tue Sep 27, 2016 12:11 am
Reputation: 2303
Gender: None specified

Re: Lem's Big Box O' Stuff.

Postby LeMercenaire » Fri Jul 26, 2019 7:36 am

1qaz2wsx33 wrote:
LeMercenaire wrote:Possible short set-up on the USDCHF (H4 chart trigger). I should say that I don't particularly like trading the Swissie. Still, just sayin'.


One common rule I have come across that a lot of experienced traders share is never trade the Swissy!! :lol:


It's a very good rule to follow - unless of course you learned to yodel at your banker grandfather's knee :P

User avatar
aliassmith
rank: 5000+ posts
rank: 5000+ posts
Posts: 5054
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 2846
Gender: Male

Re: Lem's Big Box O' Stuff.

Postby aliassmith » Fri Jul 26, 2019 4:25 pm

LeMercenaire wrote:
1qaz2wsx33 wrote:
LeMercenaire wrote:Possible short set-up on the USDCHF (H4 chart trigger). I should say that I don't particularly like trading the Swissie. Still, just sayin'.


One common rule I have come across that a lot of experienced traders share is never trade the Swissy!! :lol:


It's a very good rule to follow - unless of course you learned to yodel at your banker grandfather's knee :P


I was looking at the EUR/CHF the night before they unpegged it. There was a nice setup short that I ended up scalping because I didn't want to leave the position on while I was sleeping. Turns out the little surprise that day with the unpegging caused a 2000 pip drop. #-o The small private Island I could have bought.
Trade Your Way as Long as It Makes Money!

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
LeMercenaire
rank: 1000+ posts
rank: 1000+ posts
Posts: 3184
Joined: Tue Sep 27, 2016 12:11 am
Reputation: 2303
Gender: None specified

Re: Lem's Big Box O' Stuff.

Postby LeMercenaire » Fri Jul 26, 2019 9:21 pm

LeMercenaire wrote:Interesting shape to GC.

You'd normally be thinking a rebound was coming - however it is pretty far into a drop already and probably more importantly, it's got the GBP in there, not what one would call the most stable of currencies around at the moment.

Having said that, shorting it [i]is always a pretty good play[/i] :P

GBPCADDailyreboundComingMaybe25thJuly19.png


Sure enough, turns out there was still both room and time available for another move South.

GBPCADDailyUpdateEndOfWeek26thJuly19.png
GBPCADDailyUpdateEndOfWeek26thJuly19.png (72.07 KiB) Viewed 2960 times

User avatar
LeMercenaire
rank: 1000+ posts
rank: 1000+ posts
Posts: 3184
Joined: Tue Sep 27, 2016 12:11 am
Reputation: 2303
Gender: None specified

Re: Lem's Big Box O' Stuff.

Postby LeMercenaire » Fri Jul 26, 2019 9:24 pm

We're still waiting here, however. We shall see what Monday brings.

GBPAUDDailyStillwaitingherethoughEndofWeek26thJuly19.png
GBPAUDDailyStillwaitingherethoughEndofWeek26thJuly19.png (79.54 KiB) Viewed 2959 times

User avatar
LeMercenaire
rank: 1000+ posts
rank: 1000+ posts
Posts: 3184
Joined: Tue Sep 27, 2016 12:11 am
Reputation: 2303
Gender: None specified

Re: Lem's Big Box O' Stuff.

Postby LeMercenaire » Fri Jul 26, 2019 9:26 pm

Well, that's something to look forward to next week but for now, have a great weekend, all and I will see y'all on the other side.

User avatar
LeMercenaire
rank: 1000+ posts
rank: 1000+ posts
Posts: 3184
Joined: Tue Sep 27, 2016 12:11 am
Reputation: 2303
Gender: None specified

Re: Lem's Big Box O' Stuff.

Postby LeMercenaire » Fri Jul 26, 2019 10:01 pm

OK, not quite gone yet.

Before I finally drag my a** out of here, I thought I'd stick up a list of next week's possibles.

With no recommendations as to what ones may be more likely than others...

EURJPYaustdDailySettingUpForNextWeek26thJuly19.png
EURJPYaustdDailySettingUpForNextWeek26thJuly19.png (64.52 KiB) Viewed 2953 times


EURCHFaustdDailyForNextWeek26thJuly19.png
EURCHFaustdDailyForNextWeek26thJuly19.png (76.23 KiB) Viewed 2953 times


EURNZDaustdDailyAgainNextWeek26thJuly19.png
EURNZDaustdDailyAgainNextWeek26thJuly19.png (85 KiB) Viewed 2953 times


GBPNZDaustdDailyAnotherOption26thJuly19.png
GBPNZDaustdDailyAnotherOption26thJuly19.png (80.63 KiB) Viewed 2953 times


CADJPYaustdDailyPossibleoutthehollow26thJuly19.png
CADJPYaustdDailyPossibleoutthehollow26thJuly19.png (66.41 KiB) Viewed 2953 times


As I said, we shall see what happens.

Gone now...honest injin'.

User avatar
LeMercenaire
rank: 1000+ posts
rank: 1000+ posts
Posts: 3184
Joined: Tue Sep 27, 2016 12:11 am
Reputation: 2303
Gender: None specified

Re: Lem's Big Box O' Stuff.

Postby LeMercenaire » Mon Jul 29, 2019 8:22 pm

Well, ok then.

Time to check how our short-list did today.

Coming up to bat, we'll see them in the same order I posted on Friday, just to keep it simple.

This is doin' a star turn, solid drop. We are beginning to see a twist in the Lightning Kumo however, so it'll be interesting to see if we get a pull back tomorrow.
GBPCADaustdDailyhumpinit29thjuly19.png
GBPCADaustdDailyhumpinit29thjuly19.png (73.59 KiB) Viewed 2763 times


Classic entry off a double-doji.
GBPAUDaustdDailyreallytruckin29thjuly19.png
GBPAUDaustdDailyreallytruckin29thjuly19.png (77.69 KiB) Viewed 2763 times


Nothing too exciting here but it's not going backwards, so that's something.
EURJPYaustdDailymovedon29thjuly19.png
EURJPYaustdDailymovedon29thjuly19.png (64.45 KiB) Viewed 2763 times


Nothin' fancy here either but this has room to drop against that big momo candle on the left.
EURCHFaustdDailymovedabit29thjuly19.png
EURCHFaustdDailymovedabit29thjuly19.png (79.48 KiB) Viewed 2763 times


Nothing...nada...zeeeeeeerroooooooooo...
EURNZDaustdDailynoturnyet29thjuly19.png
EURNZDaustdDailynoturnyet29thjuly19.png (90.23 KiB) Viewed 2763 times


This one however kicked off nicely :D
GBPNZDaustdDailythisonekickedoff29thjuly19.png
GBPNZDaustdDailythisonekickedoff29thjuly19.png (78.52 KiB) Viewed 2763 times


Then back to earth here, where price is still well and truly stuck in the mud.
CADJPYaustdDailystillstuckinthemud29thjuly19.png
CADJPYaustdDailystillstuckinthemud29thjuly19.png (66.1 KiB) Viewed 2763 times


So, overall, pretty good, with potential to go bigger and little sign of any downside so far.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “TheRumpledOne”